Cushman & Wakefield/Thalhimer said on Thursday that the firm has been chosen to exclusively represent the mixed-use redevelopment project on the Judson Mill site.
The property, on the outskirts of downtown Greenville, along highway 123, is expected to make a large impact on the downtown market. The property is near the business district and poses an opportunity for new retail development that caters to the local community.
The site, which is approximately 36 acres, is owned by Upstate firm Milliken & Company.
“Our team is excited to identify a buyer that can have a significant impact on the surrounding community, while providing new retail potential for residents downtown and commuters along Highway 123 coming in from Easley and Clemson,” Brian Young, senior vice president and managing broker of Cushman & Wakefield/Thalhimer’s Greenville office, said. “This is a unique site, given its size and relative location to downtown Greenville. They are very difficult to find.”
Several former textile mills have been rehabilitated for mixed use after being encouraged by the South Carolina Textiles Communities Revitalization Act, which provides financial incentives for the rehabilitation, renovation and redevelopment of abandoned textile mill sites in South Carolina. Additionally, New Market Tax Credits that provide for the redevelopment of properties in lower-income areas have incentivized the rehabilitation of former textile mills.
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